New functionality includes a virtual library, predictive search and improved email alerts to better manage research under MiFID II

London, 5 October 2017: With 60 working days before the MiFID II implementation deadline, RSRCHXchange, the research aggregator and marketplace, has launched its latest version of RSRCHX including mobile and desktop apps and a range of new research management functionality. In addition, the RSRCHX bot was successfully launched at the Symphony Innovate event in New York, on 4th October 2017, allowing users to easily access reports by chatting with the RSRCHX bot via Symphony.

From today, buy-side and sell-side users can download both the RSRCHX mobile app, available on iOS and Android, and the desktop app, which was built on the OpenFin operating layer. Both apps enable users to manage research content quickly and easily, interfacing seamlessly with the platform, irrespective of location.

The new research management tools within RSRCHX enable users to set up a virtual library, where reports can be easily organised and filtered into fully customisable folders, unique to each user and based upon criteria such as watchlists, research providers or even free text search results.

By making use of improved email alerts, users can take control of the flow of research reports emailed into their inboxes. Any search term or filter can be turned into an email alert. The alerts contain trusted RSRCHX links which ensure compliance with the MiFID II inducement rules, allowing investment professionals to access only research that is paid for.

At the same time, RSRCHXchange has expanded into the US with the strategic appointment of Harold Bailey III as Managing Director, North American Sales, as a result of overwhelming demand from the region. Harold brings his Fixed Income experience to the team, having worked in trading functions at RBS and Lehman brothers, and more recently for research provider Mergermarket.

Jeremy Davies, Co-Founder of RSRCHXchange, said: “As our business grows, it’s important that we remain innovators in the research space. Continuously investing in features and products has helped us attract leading global brands amongst our over 1,000 asset management firms and more than 220 research providers. We accelerated our expansion into North America as a result of the overwhelming demand in that region and are delighted to have Harold join our ever-growing team.

Vicky Sanders, Co-Founder of RSRCHXchange, added: “With the funding we secured from NEX Group earlier this year we have invested heavily in our development team. We’re able to continuously add new features which meet either new regulatory developments or the evolving business needs of providers and clients.”